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    Tag: Effiecient Market Theory+credit crisis

    Does the crisis expel the EMH?

    Professor Jeremy Siegel wrote this opinion piece for the WSJ yesterday and I thought it was interesting.  In it, Siegel defends the Efficient Market Hypothesis by pointing out that the paradigm in which most Wall Street firms made decisions during the credit boom (which in hindsight look like bad decisions) were steeped in the Great [...]